Payments News

On The Web

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PayPal Reduces Its Promotional Financing Threshold To Boost Its Credit Service

“The warmth of late summer still bathes much of the country, but PayPal Holdings Inc. already has its eyes on the upcoming holiday spending season. The online commerce leader today unveiled a zero-interest financing promotion for its PayPal Credit service with a lowered purchase threshold. In addition to charging no annual percentage rate for three […]
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Deals

These Brothers Just Raised $15 Million for Their Startup, Dutchie, a Kind of Shopify for Cannabis Dispensaries

“Ross Lipson comes from an entrepreneurial family, so perhaps it’s no wonder that as a college student, he dropped out of school to jump into the online food space, including co-founding, then selling , one of Canada’s first online food ordering service startups. It’s even less surprising that having gone through that experience, Lipson would […]
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NAB to Integrate Receipts Into Mobile Banking App

“Customers of National Australia Bank will be able to begin viewing receipts for their purchases from within their mobile banking app from later this year. NAB is one of three Australian banks who have invested in Slyp , a startup founded by former PayPal executives that says it has “completely reimagined” the receipt, the Australian […]
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Denver Adds Support for Transit In-app Ticketing

“RTD , the transportation operator for the city of Denver which launched a transit ticketing integration with Uber in May 2019, has now added a further integration with travel planning app Transit , enabling users to plan and purchase RTD tickets from within the Transit app.”

On The Wires

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Meniga Launches Collaboration With UN Climate Change

“Users of the Meniga Rewards app will be able to donate their rewards to UN Climate Change certified projects that reduce, avoid or remove greenhouse gas emissions from the atmosphere. The first two projects to benefit from the partnership will be the RIPPLE Africa Improved Cook Stove Project in Malawi and a Varam Power Projects […]
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Although A Long And Arduous Process, Casco Bay Hemp Is Excited To Announce They Are Now Accepting Credit Card Payment For Their CBD Products

“Like the majority of companies in the CBD product sales business, Casco Bay Hemp lost their credit card processing capabilities 4 months ago. The majority of businesses were using Elavon, who unfortunately stopped all hemp processing, leaving everyone in the lurch.  Starting September 1st, 2019 Casco Bay Hemp was accepted into the pilot program for Square’s CBD/Hemp division, a […]
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Bango Technology Drives Mobile Payment for Toll Roads in the USA

“Bango (AIM: BGO), the mobile commerce company, and AE Tolls, have entered into a partnership that allows American drivers to place road toll charges on their monthly phone bills. Now launched with a tier one mobile operator in the USA, the ‘tapNpay’ service will drive a new source of payment traffic through the Bango Platform.”
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Insurance Leaders and Visa Digitize Claims Payouts for Individuals and Businesses When They Need It Most

“Visa is working to help enable real-time funds disbursements for insurance companies in partnership with their financial institutions, and their customers. By deploying insurance payouts powered by Visa Direct, Visa’s real-time push payments platform, PNC Bank and Erie Insurance customers can now choose to have an electronic claims payment delivered to their bank account in […]